Which companies are Xiamen Jihong's closest peers?

The cockpit's peer set: MYS (002303.SZ), Zhejiang Zhongxin Environmental Protection Technology (603091.SS), Guangzhou Fangbang Electronics (688020.SS), Zhejiang Great Shengda Packing (603687.SS), Time Technoplast (TIMETECHNO.NS), Elopak (ELO.OL), Huangshan Novel (002014.SZ), Zhejiang Great Southeast (002263.SZ).

How has Xiamen Jihong stock performed?

Over six months to 6 Nov 2026 the shares returned -24.3% against -10.5% for the median peer; over one year -24.4%.

← CockpitCompetitor Analysis › 2603.HK Xiamen Jihong Co., Ltd. Class HOpen in the cockpit ↗

Xiamen Jihong Co., Ltd. Class H2603.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Materials›Containers/Packaging

Xiamen-based Chinese packaging company, per its industry classification; specific product lines not independently confirmed.

Momentum neutral 42

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$945M

US dollars, full cap

Free float

73%

of shares outstanding

$/day

$1.64M

20-day average traded

Fwd P/E

12.3×

forward earnings

ROIC−WACC

+12.8 pp

WACC 5.2%

Hurdle

-19 pp

Req g minus delivered

Close · HKDHK$11.37

1D-1.6%

1W+6.8%

1M-6.0%

3M-10.5%

6M-24.3%

YTD-12.9%

1Y-24.4%

ATR %4.6%

52w lowhigh39.1% off high

What Xiamen Jihong does

Xiamen-based Chinese packaging company, per its industry classification; specific product lines not independently confirmed.

Where it sits in the supply chain

Packaging
Paper/specialty packaging manufacturing

Moat: none

Headquarters: Xiamen, China · Employees: 4,757

Xiamen Jihong at a glance

Size Xiamen Jihong (2603.HK) is a Hong Kong Materials company (Containers/Packaging) with a market value of $945M, the 604th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$11.37 on 6 Nov 2026.

Performance Over six months the shares fell 24.3%, against -10.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 17.8% over the last twelve months (peer median +4.3%); the operating margin is 6.0% (peer median 6.6%).

Valuation It trades at 12.3× forward earnings against a peer median of 15.7× (8th cheapest of 18).

Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -19 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 12.8 points above its cost of capital (5.2% WACC).

Relative performance

Six months, rebased to 100: Xiamen Jihong against the median of its 20 peers (local-currency closes).

Xiamen Jihong financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	HK$8.50B	HK$7.28B	HK$5.99B	HK$7.39B	HK$6.25B
Revenue growth	—	+22%	-19%	+18%	—
Gross profit	HK$4.13B	HK$3.39B	HK$2.58B	HK$3.42B	HK$2.52B
EBITDA	n/a	HK$537M	HK$346M	HK$539M	HK$385M
Net income	HK$297M	HK$300M	HK$197M	HK$381M	HK$214M
Free cash flow	HK$287M	HK$126M	HK$284M	HK$588M	HK$274M
Capital expenditure	HK$327M	HK$181M	HK$148M	HK$224M	HK$161M
Total debt	HK$1.28B	HK$794M	HK$640M	HK$535M	HK$589M

Quarterly statements and history in the cockpit →

Xiamen Jihong competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Xiamen Jihong is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xiamen Jihong is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Xiamen Jihong is the large dot.

Xiamen Jihong competitors and peer comparison

How Xiamen Jihong compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Xiamen Jihong against its 20 peers (data as of 6 Nov 2026)
Measure	2603.HK	Peer median	Rank in peer set
1-month return	-6.0%	-7.1%	9th highest of 21
6-month return	-24.3%	-10.5%	7th lowest of 21
Distance from 52-week high	-39.1%	-37.0%	10th lowest of 21
Revenue growth (TTM)	+17.8%	+4.3%	3rd highest of 21
Operating margin	6.0%	6.6%	9th lowest of 21
Forward P/E	12.3×	15.7×	8th cheapest of 18
Growth the price implies (Req g, 7 yrs)	-11.2%	4.4%	least demanding of 11
Growth delivered (Del g)	+8.1%	+5.2%	4th highest of 11
Hurdle (Req g minus delivered)	-19.3 pp	+2.0 pp	2nd least demanding of 11
ROIC minus cost of capital	+12.8 pp	+0.1 pp	highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Xiamen Jihong 2603.HK	Hong Kong	$945M	-24%	+18%	6%	12.3×	-11.2%	+8.1%
MYS 002303.SZ	China	$909M	+26%	+1%	8%	18.6×	4.9%	+3.4%
Zhejiang Zhongxin Environmental Protection Technology 603091.SS	China	$991M	-20%	+31%	22%	14.5×	7.8%	+4.4%
Guangzhou Fangbang Electronics 688020.SS	China	$900M	-51%	-2%	-28%	n/a	n/a	n/a
Zhejiang Great Shengda Packing 603687.SS	China	$995M	-30%	+1%	3%	32.6×	n/a	n/a
Time Technoplast TIMETECHNO.NS	India	$891M	-9%	+16%	11%	11.0×	n/a	n/a
Elopak ELO.OL	Norway	$1.01B	-11%	0%	9%	11.8×	-8.3%	+7.7%
Huangshan Novel 002014.SZ	China	$1.02B	+5%	+9%	12%	15.7×	n/a	n/a
Zhejiang Great Southeast 002263.SZ	China	$871M	-23%	+5%	-1%	n/a	31.7%	-4.0%
Quzhou DFP New Material 601515.SS	China	$843M	-36%	+13%	-21%	n/a	n/a	n/a
Taiwan Hon Chuan Enterprise 9939.TW	Taiwan	$1.07B	+7%	0%	15%	10.2×	n/a	n/a
Suzhou Hycan 002787.SZ	China	$1.09B	-10%	0%	7%	36.4×	n/a	n/a
O-I Glass OI	United States	$796M	-44%	-2%	9%	10.1×	n/a	n/a
Cheng Loong 1904.TW	Taiwan	$788M	+34%	-3%	6%	61.8×	3.9%	+1.4%
Shanghai Baosteel Packaging 601968.SS	China	$785M	-19%	+17%	4%	17.3×	n/a	n/a
Shantou Wanshun New Material 300057.SZ	China	$784M	-45%	+29%	1%	66.5×	n/a	n/a
Cascades CAS.TO	Canada	$1.15B	+49%	+1%	5%	9.2×	-1.9%	+3.1%
Sunrise 002752.SZ	China	$766M	-29%	+8%	6%	11.1×	-5.7%	+17.2%
Fuji Seal International 7864.T	Japan	$1.18B	+38%	+4%	9%	10.8×	-9.5%	+5.9%
EPL EPL.NS	India	$752M	-6%	+17%	12%	15.7×	16.0%	+8.8%
Gerresheimer GXI.DE	Germany	$1.21B	+24%	+9%	-4%	18.0×	55.8%	+10.3%

Questions

Which companies are Xiamen Jihong's closest peers?: The cockpit's peer set: MYS (002303.SZ), Zhejiang Zhongxin Environmental Protection Technology (603091.SS), Guangzhou Fangbang Electronics (688020.SS), Zhejiang Great Shengda Packing (603687.SS), Time Technoplast (TIMETECHNO.NS), Elopak (ELO.OL), Huangshan Novel (002014.SZ), Zhejiang Great Southeast (002263.SZ).
Is Xiamen Jihong expensive compared with its peers?: On forward p/e it trades at 12.3× against a peer median of 15.7×, 8th cheapest of 18 in its peer set. For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -19 pp: the price already allows for a slowdown.
How has Xiamen Jihong stock performed?: Over six months to 6 Nov 2026 the shares returned -24.3% against -10.5% for the median peer; over one year -24.4%.